Counterfeiting Indian coin
AI Assist
Summary
Making or knowingly taking part in producing fake Indian coins is a serious criminal offence. It applies whether a person forges whole coins or performs any step in the counterfeiting process. Punishment is severe: life imprisonment or imprisonment for up to ten years, and the offender is also liable to pay a fine.
Example
Ravi makes fake coins in his garage and passes them at a local market. If caught, he faces life imprisonment or imprisonment for up to ten years, and must also pay a fine.
Bare Act
Enacted textWhoever counterfeits, or knowingly performs any part of the process of counterfeiting Indian coin, shall be punished with imprisonment for life, or with imprisonment of either description for a term which may extend to ten years, and shall also be liable to fine.
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